Defined Benefit Consultant

4 days ago

Apply Now

Receive Emails with Similar Jobs

Ascensus

WebsiteLinkedInAll Job Openings

Retirement plan services • Education savings • ABLE accounts

5001 - 10000

💰 Secondary Market on 2019-02

Description

• Serve as a resource to plan sponsors and financial advisors for matters related to defined benefit and defined contribution ERISA compliance, plan design and governmental reporting. • Provide exceptional customer service, including problem solving with minimal inconvenience to clients. • Provide effective and timely verbal and written communications in a clear, concise and informative written manner. • Assist the client with all initial and ongoing plan design and document support. • Assist the client in meeting all IRS and Department of Labor deadlines necessary for qualified retirement plan. • Maintain up-to-date knowledge of present legislation and proposed legislative changes with regard to ERISA law through self-study and company-sponsored training sessions. • Accountable for most all aspects of actuarial valuation reports, participant statements, Annual Funding Notice, and AFTAP preparation. • Review or perform, as needed, the annual testing for plans, including ADP/ACP, Top Heavy, 410(b), 415, 401(a)(4), 401(a)(26), deductibility, and 402(g). • Prepare benefit calculations and review distribution paperwork. • Review loan paperwork and coordinate processing of loans with asset holder. • Review or prepare Form 5500, draft Schedule SB for actuary, and coordinate with plan sponsor to help ensure timely filing. • Review or prepare annual PBGC premium filings. • Assist in preparation of PBGC termination filings. • Assist auditors if a plan is subject to an annual audit. • Under the direction of management, assist IRS, DOL and PBGC auditors, if the plan is subject to an IRS, DOL or PBGC audit. • Coordinate with all applicable parties, both internal and external, to ensure accurate takeover process for new clients including set up to match prior valuation. • As applicable, work with Actuarial Analysts, Enrolled Actuaries, or solely to coordinate and oversee activities that will ensure timely and accurate completion of a large book of business. • Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.

Requirements

• Bachelors degree required. • Math related degree preferred. • Minimum 6 years of ERISA defined benefit and defined contribution experience in the retirement industry. • Experience in evaluation of financial data required. • Cash Balance Plan experience highly preferred. • QPA, QKA, CPC and / or actuarial exam progress preferred. • Experience in ASC software desirable, but not required. • Strong Word, Excel, and Outlook skills. • Strong written and oral communication skills. • Strong evaluation and problem solving skills. • Strong attention to detail and the ability to prioritize, manage tasks and meet in conjunction with business operations, including related ERISA compliance matters.